on VALEO (EPA:FR)
Valeo Initiates Share Buy-Back Program
Valeo has launched a share buy-back program authorized by their General Shareholders’ Meeting on May 22, 2025. This initiative will be executed with assistance from an investment services provider, following a contract signed on June 17, 2025. Commencing June 20, 2025, the provider will sell a specified quantity of Valeo shares to the company, with the total transaction not exceeding 25 million euros. The average price will reflect the volume-weighted market price, with a cap at 70 euros per share.
The acquired shares are slated for allocation to various employee plans, aligning with Valeo's strategy for enhancing performance and growth. This includes free and performance share plans, and employee savings plans, demonstrating Valeo's commitment to workforce involvement within the group.
R. H.
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